256 Business News

04/09/2026

Air Tanzania’s suspension of its Dar es Salaam–Moscow service exposes the growing cost of geopolitics for African airlines, as the Ukraine conflict, EU airspace restrictions and limited alternative corridors complicate route economics.

Air Tanzania’s suspension of its Dar es Salaam–Moscow service exposes the growing cost of geopolitics for […]

04/09/2026

Boeing has maintained its bullish long-term outlook for African aviation, projecting passenger traffic growth of 5.8pc annually and a more than doubling of the continent’s commercial fleet to 1,625 aircraft by 2045.

03/09/2026

NWSC is taking a long-term approach to Kampala’s water challenge, investing in transmission mains, reservoirs, booster stations and new Katosi evacuation capacity to stay ahead of the capital’s rapid urban growth. Under Dr Silver Mugisha, the utility is also using internal engineering, technology, risk management and cost-saving innovations to stretch scarce resources and build a water network designed for the Kampala of 2040 and beyond.

NWSC Managing Director Dr Silver Mugisha is pursuing a long-game strategy to keep Kampala's taps running, expanding the network to unlock Katosi's capacity and meet urban demand through 2040.

03/09/2026

Uganda’s oil revenues could finance transformative infrastructure and productive capacity, but corruption, weak procurement and poor project supervision risk draining their economic value before the benefits reach citizens.

02/09/2026

Uber is exiting Uganda after 10 years of operations, shutting down its ride-hailing service from September 2 as the global company reviews its business priorities and investment strategy.

Uber is ending its Uganda operations on September 2, 2026, after a decade in Kampala, as the global ride-hailing company reviews its business priorities.

02/09/2026

Uganda has named its crude oil Pearl Sweet, giving the country’s petroleum a distinct commercial identity ahead of planned first oil in November 2026. The name reflects the crude’s low Sulphur content and Uganda’s identity as the Pearl of Africa.

02/09/2026

Equity Bank Uganda’s Shs120 million financing has helped Vurra Secondary School in Arua complete a 120-bed boys’ dormitory, giving the growing school a financing model for its next phase of expansion as enrolment heads towards 900 students.

Equity Bank Uganda financing is helping Vurra Secondary School expand infrastructure as enrolment rises, with a girls' dormitory and further growth planned.

02/09/2026

UNICEF warns that more than 162 million children across Eastern and Southern Africa are exposed to the growing risks of the 2026/2027 El Niño, with Uganda among 13 priority countries requiring urgent anticipatory action.

UNICEF warns that more than 162 million children face El Niño risks across Eastern and Southern Africa, calling for urgent anticipatory action.

01/09/2026

Uganda’s rapid shift to digital banking is creating new challenges for financial institutions, with cyber-enabled fraud increasingly targeting customers through phishing, social engineering and SIM-swap schemes.

Uganda’s digital banking growth is intensifying the fight against fraud, with banks turning to customer awareness to counter phishing and social engineering.

01/09/2026

Kenya Airways has appointed Habil Waswani as Acting Group Managing Director and CEO from September 15, replacing Captain George Kamal as the national carrier continues its search for a substantive chief executive.

Kenya Airways appoints Habil Waswani as Acting CEO from September 15 as Captain George Kamal exits and the search for a permanent CEO continues.